Mayfair Equity Partners has sold the Snowfox Group, a multi-channel and international Japanese food business, whose UK and US brands include YO! Sushi, Snowfox, Bento, and Taiko, to Zensho Holdings – a Japanese food service company – in a deal valued at $621 million.
GrowthCurve Capital has held the final close of its inaugural private equity fund, GrowthCurve Capital Partners I, with total capital commitments of $1.4 billion for the fund and related co-investment vehicles.
A hunt for higher returns has prompted CalPERS, the biggest public pension scheme in the US with $442 billion in assets, to make a multibillion-dollar push into international venture capital following what it has dubbed a “lost decade” of returns, according to a report by The Financial Times.
Nasdaq, a technology company serving the global financial system, is to acquire Adenza, a provider of risk management and regulatory software to the financial services industry, from software investment firm Thoma Bravo for $10.5 billion in cash and shares of common stock.
KKR and a rival consortium led by Italian sovereign wealth fund CDP and Australian investor Macquarie are planning to submit improved offers for Telecom Italia’s (TIM) network ahead of a 9 June deadline, according to a report by Reuters.
Bain Capital has made an offer to take Chinese data centre operator Chindata Group private in a deal valuing the business at $2.93 billion, with the company’s shares jumping by 14% as result, according to a report by Reuters.
Sequoia, the giant global venture capital firm known for early investment in a host of now leading tech companies including Google, Instagram, Airbnb, WhatsApp, Zoom, ByteDance and GoTo, is breaking itself up into three distinct firms, according to a report by Bloomberg.
Investment funds managed by global private investment major KKR are to acquire CIRCOR International, a provider of flow control products and services for the industrial and aerospace & defence markets, in an all-cash deal valued at approximately $1.6bn, including debt.
Goldman Sachs Asset Management is hoping to hook Norwegian aquaculture service group Frøy in an all-cash deal worth NOK6.6 billion. The transaction is expected to close in the third quarter of 2023.
An investor group led by Symphony Technology Group, a private equity firm focused on investments in software, data, and analytics firms, has completed its all-cash take-private buyout of Momentive for $1.5 billion.